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MIAMI-Cruise Logistics has signed a 59,700-sf lease, Perry Manufacturing leased an additional 23,676 sf, MDA LLC renewed its 7,000-sf lease, and Center Bros. renewed its lease for 3,500 sf in industrial deals valued at more than $2.3 million combined.
MIAMI-Now the North Miami Beach, FL-based REIT owns 180 properties totaling about 18.4 million sf in 12 states. Shareholders from both companies officially approved the union yesterday. The company will be called Equity One.
POMPANO BEACH, FL-William V. Kane bought the 25,249-sf Pompano Medical & Professional Center from Pompano Medical Professional Center Ltd. for $86.14 per sf. The building, at 50 N.E. 26th Ave., is 100% occupied.
MIAMI-The unsecured revolving credit facility is in anticipation of its merger with IRT Property Co., planned to close Feb. 12. Part of the facility will go to IRT shareholders, fund transaction expenses, and repay about $61.6 million in secured mortgage debt and $8 million in unsecured borrowings.
SOUTH BEACH, FL-Suffolk Construction has broken ground on the 60,000-sf project on Collins Avenue, set in the successful retail district between 5th and 6th streets. The new complex is slated to open in January.
MIAMI-The Massachusetts-based developer will use the funding--one of USA Capital's largest funding commitments--to develop The Surf Club II, a 196-unit condominium project planned for the Atlantic Coast in Palm Beach, FL.
MIAMI-The $80 million, 377-residence tower is the first South Florida rental community created by condominium developer Turnberry Associates. Unit sizes range from 938 sf to 2,305 sf, and monthly rents range from $1,250 to $5,500.
MIAMI-The loan will be used to develop Downtown Dadeland, a $140 million mixed-use retail/residential village to be located here. The project, for which preconstruction began in November, will include 416 condominiums and 115,000 sf of retail space.
MIAMI-On Feb. 12, the company plans to kick off the $5 million-plus project, which will include a retail building, four restaurants and the extension of Main Street east of Ludlam Road (Northwest 67th Ave.).
MIAMI-Stephen E. Gaunt was promoted to senior vice president of the company's office here. Gaunt, who has worked for Cresa Partners since 1992, has 28 years of experience with corporate representation, site selection and investment property services.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource